2224 Cotton BLVD, New Braunfels TX 78130

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $484,347. I'd recommend coming to market at $386,000 to $396,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in 78130, this price positions the property as the most expensive of 7 comparable homes on the market. Being 338 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 2001, this home is 6 years older than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in 78130, ranging from $375,000 to $450,000. The trend in 78130 shows prices have risen 4.8% in the past 6 months. 598 Summersweet RD, New Braunfels TX 78130 nearby adjusts to $356,489; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group